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Created: 2025-07-23 15:30:06 UTC

Borosil Renewables Reports Q1 Loss of ₹27,234.57 Lakhs Amid GMB Insolvency Impact 📉 | MCap XXXXXXXX Cr

- Reported Q1 (June 2025) loss of ₹27,234.57 lakhs due to exceptional items.
- Exceptional item of ₹32,590.81 lakhs tied to insolvency of German subsidiary GMB Glasmanufaktur.
- Revenue from operations at ₹33,226.04 lakhs; total income ₹33,778.20 lakhs.
- Proposed preferential issue of 70,93,874 shares at ₹535/share to raise ₹379.52 crore.
- Key investors include Abakkus Diversified Alpha Fund, Niveshaay Hedgehogs Fund, and Dharmapal Satyapal Limited.
- Consolidated results delayed pending GMB insolvency proceedings.

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